The chart looks like a textbook EW - 1st and 2nd wave (yellow). We appear to be done with wave2 ABC sub-waves as A:C length is 1:1 and also we got support at 0.618 Fib (of Wave1).
Note that Wave3(yellow) is the most profitable one and we appear to be at the beginning of it as long as we stay above the blue dotted line. The Risk:Reward is pretty good.
Note that Wave3(yellow) is the most profitable one and we appear to be at the beginning of it as long as we stay above the blue dotted line. The Risk:Reward is pretty good.
Comment:
More than 80% jump since this chart was posted. Here is a revised bullish count
Comment:
Still looks great R:R